As of April 19, 2009, there are 2,734 residential properties for sale on the market in Kern County.In March, 845 homes sold.
That is a 3 month supply of homes if no other homes come on the market.
124 of these homes are priced above $500,000.
During March 8 of these homes sold.
That’s a 15 1/2 month supply in this price range if no others come on the market.
During March 26 additional homes in this price range were listed.
381 of these homes are priced $250,001-$500,000.
During March 50 of these homes sold.
That’s a 7 1/2 month supply in this price range if no others come on the market.
During March 146 additional homes in this price range were listed.
758 of these homes are priced $150,001-$250,000.
During March 211 of these homes sold.
That’s a 3 1/2 month supply in this price range if no others come on the market.
During March 347 additional homes in this price range were listed.
1471 of these homes are priced under $150,000.
During March 576 of these homes sold.
That’s a 2 1/2 month supply in this price range if no others come on the market.During March 818 additional homes in this price range were listed.
During March 8 of these homes sold.
That’s a 15 1/2 month supply in this price range if no others come on the market.
During March 26 additional homes in this price range were listed.
381 of these homes are priced $250,001-$500,000.
During March 50 of these homes sold.
That’s a 7 1/2 month supply in this price range if no others come on the market.
During March 146 additional homes in this price range were listed.
758 of these homes are priced $150,001-$250,000.
During March 211 of these homes sold.
That’s a 3 1/2 month supply in this price range if no others come on the market.
During March 347 additional homes in this price range were listed.
1471 of these homes are priced under $150,000.
During March 576 of these homes sold.
That’s a 2 1/2 month supply in this price range if no others come on the market.During March 818 additional homes in this price range were listed.
Contrary to the doom and gloom reported on the news and in the newspaper, homes are selling in Kern County. March beat February for homes sold (682), as well as January (671). However, in March, listings sold (845) was beaten by new listings (1,337). The buyer’s market is going strong, with many people facing multiple offers on bank owned foreclosures, not to mention long bank responses, and homes that don’t qualify for the increased FHA loan market, with many banks unwilling to do repairs. In addition, there is a moratorium on the amount of foreclosures coming on the market, making this the best time for owners to sell their homes, for the best possible value, for a long time, before the foreclosures once again flood the market. Price, condition and location are the deciding factors in homes being sold, with PRICE being the most critical factor in getting showings and sales. Here’s the good news: 800+ homes sold last month! Yours can be one of them! People have two options in pricing their home:
1.) Pricing too high, helping their neighbor sell their home.
2.) Pricing the home right, selling their home instead of their neighbor!
Are you willing to price your home competitively in order to get it SOLD?
1.) Pricing too high, helping their neighbor sell their home.
2.) Pricing the home right, selling their home instead of their neighbor!
Are you willing to price your home competitively in order to get it SOLD?
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